Sheet Metal Workrs Local 27 Health & Welfare Fund
501(c)(9)
Only null% goes to programs Strong reserves Growing revenue
Sheet Metal Workrs Local 27 Health & Welfare Fund is a 501(c)(9) organization based in Farmingdale, New Jersey, registered in 1952, with $11,092,827 in FY2024 revenue. CharityIndex grades it B.
Po Box 847, Farmingdale, NJ, 07727 EIN 22-1538529 Since 1952
Revenue (FY2024)
$11.1M
▼ 4.3% vs prior year
Expenses (FY2024)
$10.8M
Net assets
$12.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Sheet Metal Workrs Local 27 Health & Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating14 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Sheet Metal Workrs Local 27 Health & Welfare Fund: 14 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Sheet Metal Workrs Local 27 Health & Welfare Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Sheet Metal Workrs Local 27 Health & Welfare Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 847, Farmingdale, NJ, 07727
- City
- Farmingdale
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $8.2M (FY2013) to $11.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.4MNet assets $12.7M
Operating margin
3.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.1M
Total liabilities
$1.4M
Net assets
$12.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $11,092,827▼4.3% | $10,761,511▼1.1% | $12,683,115▲10.5% | $14,124,403▲12.0% | 990 |
| 2023 | $11,594,174▲22.6% | $10,882,437▼1.2% | $11,476,016▲14.3% | $12,606,665▲15.0% | 990 |
| 2022 | $9,459,691▼1.4% | $11,015,320▲6.8% | $10,041,644▼27.1% | $10,961,042▼25.6% | 990 |
| 2021 | $9,589,216▲21.8% | $10,309,538▲9.9% | $13,767,309▼8.6% | $14,734,898▼7.6% | 990 |
| 2020 | $7,870,989▼22.6% | $9,377,077▲15.5% | $15,061,601▼2.6% | $15,955,396▼1.4% | 990 |
| 2019 | $10,170,132▲1.7% | $8,118,413▼3.0% | $15,467,347▲27.7% | $16,186,480▲24.3% | 990 |
| 2018 | $9,998,351▲11.0% | $8,372,519▲9.1% | $12,111,828▲38.3% | $13,022,720▲8.8% | 990 |
| 2017 | $9,006,480▲4.2% | $7,672,265▲24.8% | $8,760,104▲85.4% | $11,963,982▲61.4% | 990 |
| 2015 | $8,644,663▲3.6% | $6,146,327▲5.6% | $4,724,207▲94.6% | $7,411,456▲42.1% | 990 |
| 2014 | $8,343,105▲1.6% | $5,819,329▼43.6% | $2,427,266▲15219% | $5,213,860▲6.3% | 990 |
| 2013 | $8,208,236 | $10,324,761▼13.2% | $15,845▼99.2% | $4,906,556▼37.3% | 990 |
| 2012 | — | $11,896,060▼1.8% | $2,000,555▼50.5% | $7,829,533▼25.6% | 990 |
| 2011 | — | $12,111,513▲7.0% | $4,041,664▲7.1% | $10,523,873▲7.8% | 990 |
| 2010 | — | $11,316,304 | $3,772,114 | $9,759,345 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Sheet Metal Workrs Local 27 Health & Welfare Fund a legitimate nonprofit?
- Yes. Sheet Metal Workrs Local 27 Health & Welfare Fund is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 22-1538529, based in Farmingdale, New Jersey.
- What is Sheet Metal Workrs Local 27 Health & Welfare Fund's EIN?
- Sheet Metal Workrs Local 27 Health & Welfare Fund's Employer Identification Number (EIN) is 22-1538529.
- How much revenue does Sheet Metal Workrs Local 27 Health & Welfare Fund report?
- Sheet Metal Workrs Local 27 Health & Welfare Fund reported $11,092,827 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sheet Metal Workrs Local 27 Health & Welfare Fund have?
- CharityIndex grades Sheet Metal Workrs Local 27 Health & Welfare Fund B, based on financial health (reserves and operating margin).
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Data for Sheet Metal Workrs Local 27 Health & Welfare Fund (EIN 22-1538529) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.